TAKING BY THE GOVERNMENT Sample Clauses

TAKING BY THE GOVERNMENT. A. The government has the right to take private land for public use. If the government takes all or part of the Property, this lease ends. Both Owner and Tenant agree to end lease as of the date of the transfer.
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TAKING BY THE GOVERNMENT. Federal, state and local government have the right to take private land for public use via eminent domain proceedings. If any governmental entity takes all or part of the Leased Premises via eminent domain, this Lease shall be terminated. Both Landlord and Tenant agree to terminate the Lease as of the date of the transfer of the Leased Premises to any governmental authority pursuant to eminent domain.
TAKING BY THE GOVERNMENT. The government has the right to take private land for public use. If the government takes all or part of the Landlord’s Property, the Landlord may terminate this lease after 30 days written notice to the Tenant.

Related to TAKING BY THE GOVERNMENT

  • Deposited Money and Government Securities to be Held in Trust; Other Miscellaneous Provisions Subject to Section 8.06 hereof, all money and non-callable Government Securities (including the proceeds thereof) deposited with the Trustee (or other qualifying trustee, collectively for purposes of this Section 8.05, the "Trustee") pursuant to Section 8.04 hereof in respect of the outstanding Notes will be held in trust and applied by the Trustee, in accordance with the provisions of such Notes and this Indenture, to the payment, either directly or through any Paying Agent (including the Company acting as Paying Agent) as the Trustee may determine, to the Holders of such Notes of all sums due and to become due thereon in respect of principal, premium and Liquidated Damages, if any, and interest, but such money need not be segregated from other funds except to the extent required by law. The Company will pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the cash or non-callable Government Securities deposited pursuant to Section 8.04 hereof or the principal and interest received in respect thereof other than any such tax, fee or other charge which by law is for the account of the Holders of the outstanding Notes. Notwithstanding anything in this Article 8 to the contrary, the Trustee will deliver or pay to the Company from time to time upon the request of the Company any money or non-callable Government Securities held by it as provided in Section 8.04 hereof which, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee (which may be the opinion delivered under Section 8.04(1) hereof), are in excess of the amount thereof that would then be required to be deposited to effect an equivalent Legal Defeasance or Covenant Defeasance.

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